The downswing in single-family housing deepened in April while a bump up for the month in the volatile multifamily market lifted total housing starts 8.2 percent to a seasonally adjusted annual rate of 1.032 million units, according to figures released by the Commerce Department. Total starts were down 30.6 percent from a year earlier.
United States factory shipments of residential cooling and heating equipment declined in February, compared with the same month a year ago, according to the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).
Nonresidential construction will experience wide variance in demand, materials cost, and labor availability, according to a Construction Inflation Alert released by the Associated General Contractors of America (AGC).
If you’re down in the dumps over the latest news and views regarding the near term state of the economy, then don’t look at the Congressional Budget Office’s (CBO’s) latest projections to brighten things up for the long run. But let’s first grasp a little history.
As noted in a Newsline story in the Jan. 14, 2008 issue of The NEWS, Johnson Controls announced that four students of Carnegie Mellon University are the first-place winners in its open letter-writing competition - Tomorrow’s Energy Ambassadors, Managers, and Scholars (TEAMS). Here is a copy of the winning letter.
Two of the industry’s most influential manufacturing associations reached a historic merger that creates a powerful advocacy for the trade. The boards of the Air-Conditioning and Refrigeration Institute (ARI) and the Gas Appliance Manufacturers Association (GAMA) approved the merger and sent the proposal for a vote that successfully passed.
Diversity became an increasingly common topic as 2007 progressed. The number of Hispanic workers in the construction trades steadily rose and it is predicted that those numbers will continue to do so in 2008.
Al Gore was not the only one talking tough on the issue of global warming in 2007. DuPont Fluoroproducts made bold statements recognizing many current HFCs as contributors to the global warming situation.
In 2007, sustainability was a major buzzword in the industry. According to many involved in HVACR, including contractors and manufacturers, sustainability should soon become what energy conservation was during the 1970s, recovery-recycling in the 80s, brownouts-blackouts in the 90s, and 13 SEER in recent years.